Vermilion Energy acquires common shares of Coelacanth Energy

Vermilion Energy announces that it has filed an early warning report in respect of its holdings in Coelacanth Energy. On February 27 Vermilion acquired ownership of, or control and direction over, 12,497,000 common shares of Coelacanth through a privately negotiated transaction with a single counterparty at a price of 75c per Common Share for a purchase price of $9,372,750, representing an amount equal to more than 2% of the issued and outstanding Common Shares, thereby triggering the requirement to file an early warning report. Prior to the Transaction, Vermilion had ownership of, or control and direction over, an aggregate of 97,682,604 Common Shares, representing approximately 18.55% of the issued and outstanding Common. The Common Shares were acquired for investment purposes.